Hotels

Hotel occupancy flatlines as room rates take a hit in Feb

It comes after RSM found that total hotel payroll costs as a percentage of total revenue rose from 28.8% in December 2024 to 39.6% in January 2025 for UK hotels, and from 25.4% to 37.7% for the London market

UK hotel occupancy was up slightly from 70.8% to 71.5% in February year-on-year, and from 72.8% to 73.1% in London, according to the latest data from RSM.

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